Elizabethton
Real Estate
Local home prices post fourth double-digit annual increase
The downward arch of area home sales eased in November while prices declined for the second straight month. There were 600 closings in the Northeast Tennessee Association of Realtors early November count. That’s 40 fewer than October and two fewer than November last year. The sales number typically increases with the mid-month update after closing […] The post Local home prices post fourth double-digit annual increase appeared first on www.elizabethton.com.
Regional economic growth and high house prices, ETSU research shows
JOHNSON CITY, Tenn. (WJHL) — While a highly ranked housing market continues to be a trend in the area, research from East Tennessee State University (ETSU) shows it’s for houses people can’t afford. This is according to findings presented in the Appalachian Highlands Economic Report. The study looks at how people moving to the area […]
Johnson City again top in 10 housing markets list, Kingsport in Top 20
JOHNSON CITY, Tenn. (WJHL) — Johnson City’s metro area has landed in the top 10 of a prestigious ranking of emerging housing markets for the fourth straight quarter, while the Kingsport metro ranked 14th out of 300 markets. The WSJ/Realtor.com Emerging Housing Markets index shows Johnson City’s metropolitan statistical area (Washington, Carter and Unicoi counties) […]
Magnolia Manor Properties celebrates renovation of Downtown Elizabethton Building
The Elizabethton/Carter County Chamber of Commerce will host a joint ribbon cutting with Main Street Elizabethton on Friday, Feb. 2, at 1 p.m. to celebrate the renovation of “The Elk.” Owned by Magnolia Manor Properties, this historic building has received a beautiful refurbishment. “We are excited to share with the Elizabethton community our latest renovation […] The post Magnolia Manor Properties celebrates renovation of Downtown Elizabethton Building appeared first on www.elizabethton.com.
Local home prices post fourth double-digit annual increase
The downward arch of area home sales eased in November while prices declined for the second straight month. There were 600 closings in the Northeast Tennessee Association of Realtors early November count. That’s 40 fewer than October and two fewer than November last year. The sales number typically increases with the mid-month update after closing […] The post Local home prices post fourth double-digit annual increase appeared first on www.elizabethton.com.
Elizabethton sees first new single family subdivision in two decades
ELIZABETHTON, Tenn. (WJHL) — Elizabethton’s first single-family subdivision in two decades is close to halfway complete, and the developer who’s building it says he expects more to follow. The first phase of “The Landings at West End” is nearing completion, with eight houses done and four more in progress. Terry Orth of Orth Construction said […]
Area new home permits strong for second straight year
KINGSPORT, Tenn. (WJHL) — New home permits remained far above pre-pandemic levels in several of the Tri-Cities major Northeast Tennessee markets in 2023 — and the average value continued rising. Data analyzed by News Channel 11 show a slight increase from 2022 in total permits for Washington County and slight decreases in Johnson City and […]
Nearly 800 homes proposed for Burlington Park redevelopment
JOHNSON CITY, Tenn. (WJHL) — Bubbling underneath Burlington Park is one of Johnson City’s most iconic natural resources. Brush Creek runs under the building and flows out the other side until it reaches Founders Park downtown, but soon it might not make the pass underground at all. Last month, developers approached the city with a […]
UT Economic Report finds that housing prices increased over 2023
BRISTOL, Tenn/Va. (WJHL) – The Boyd Center for Business and Economic Research at the University of Tennessee (UT) released its annual report, covering topics such as wages and employment. One of the findings within the report was an increase in prices surrounding housing. “It’s become less affordable for people to buy homes,” said Larry Kessler, […]
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